LASERC bans electricity companies from recovering bills older than 12 months

By

The Lagos State Electricity Regulatory Commission (LASERC) has ordered that electricity distribution companies cannot recover unpaid bills that are more than 12 months old. The rule applies except in special cases like meter tampering, illegal consumption, or obstruction of meter reading.

LASERC said the restriction is part of the Lagos State Retail Electricity Supply Code, specifically Paragraph 35(1) and 35(2). The commission stated that the measure is designed to protect consumers from unlawful back-billing practices.

The regulator made the clarification in a consumer awareness message on its official social media platforms. It urged electricity users to know their rights under the state's electricity rules.

LASERC also reaffirmed that Lagos has no electricity subsidy policy. It plans to scrap the current electricity tariff band classification.

The advisory comes after many residents complained about being asked to pay electricity bills dating back several years. The commission said such historical charges cannot be enforced beyond 12 months unless there is proof of electricity theft or related violations.

Forex News

Naira hits five-month high as CBN discount window reforms boost FX turnover
ABOKI FOREX
Japan's 10-year bond yield hits 30-year high as growth slows sharply
ABOKI FOREX
DMO raises N5.86bn via August savings bond, retail participation dips
ABOKI FOREX
OMO yield premium draws N4.93tn investor demand as CBN allots N2.60tn
ABOKI FOREX
FG Opens N50m NHF Housing Loan Portal: Eligibility, Application Steps Explained
ABOKI FOREX
Xiaomi Redmi 15C vs Redmi 14C: Full comparison and Nigerian prices
ABOKI FOREX
Dangote Refinery slashes cooking gas price by N150 per kg
ABOKI FOREX
Why NGX stands out among global stock markets
ABOKI FOREX
APC demands Abia clears N70bn pension arrears, pays workers N70,000 minimum wage
ABOKI FOREX
Nigeria's headline inflation falls to 15.43% in July 2026, food prices stay hot
ABOKI FOREX